• The Economic and Financial Crimes Commission (EFCC) has made significant progress in its investigation into the Crypto Bridge Exchange (CBEX) fraud, which defrauded over 600,000 Nigerians of an estimated ₦1.3 trillion.

    Key Developments:

    Fund Recovery: EFCC Chairman Ola Olukoyede announced that the commission has recovered a "reasonable amount" of the stolen funds. While the exact figures remain undisclosed due to the ongoing investigation, the recovered assets were primarily held in cryptocurrency wallets, complicating the conversion back to cash .

    Arrests and Legal Actions: Several suspects connected to the CBEX scheme have been arrested. Notably, Adefowora Abiodun surrendered to the EFCC in April. Additionally, a federal high court has authorized the arrest and detention of six other CBEX promoters, including Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede .

    International Efforts: The EFCC has traced the stolen funds to at least four countries, including European nations and Cambodia. The commission is collaborating with international partners and agencies like Interpol to recover the funds and apprehend suspects who are still at large .

    Challenges in Recovery: Due to the use of non-custodial cryptocurrency wallets by the fraudsters, which lack identifiable ownership, the EFCC faces challenges in tracing and converting the digital assets back to fiat currency. The commission acknowledges that full restitution to all victims may not be possible, but efforts are ongoing to recover as much as feasible .


    Assurance to Victims:

    The EFCC has assured affected investors that it is committed to recovering their funds and bringing the perpetrators to justice. While the recovery process may be complex and time-consuming, the commission emphasizes its dedication to ensuring that victims receive restitution .

    For those affected by the CBEX fraud, it is advisable to stay informed through official EFCC channels and cooperate with any ongoing investigations.



    The Economic and Financial Crimes Commission (EFCC) has made significant progress in its investigation into the Crypto Bridge Exchange (CBEX) fraud, which defrauded over 600,000 Nigerians of an estimated ₦1.3 trillion. Key Developments: Fund Recovery: EFCC Chairman Ola Olukoyede announced that the commission has recovered a "reasonable amount" of the stolen funds. While the exact figures remain undisclosed due to the ongoing investigation, the recovered assets were primarily held in cryptocurrency wallets, complicating the conversion back to cash . Arrests and Legal Actions: Several suspects connected to the CBEX scheme have been arrested. Notably, Adefowora Abiodun surrendered to the EFCC in April. Additionally, a federal high court has authorized the arrest and detention of six other CBEX promoters, including Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede . International Efforts: The EFCC has traced the stolen funds to at least four countries, including European nations and Cambodia. The commission is collaborating with international partners and agencies like Interpol to recover the funds and apprehend suspects who are still at large . Challenges in Recovery: Due to the use of non-custodial cryptocurrency wallets by the fraudsters, which lack identifiable ownership, the EFCC faces challenges in tracing and converting the digital assets back to fiat currency. The commission acknowledges that full restitution to all victims may not be possible, but efforts are ongoing to recover as much as feasible . Assurance to Victims: The EFCC has assured affected investors that it is committed to recovering their funds and bringing the perpetrators to justice. While the recovery process may be complex and time-consuming, the commission emphasizes its dedication to ensuring that victims receive restitution . For those affected by the CBEX fraud, it is advisable to stay informed through official EFCC channels and cooperate with any ongoing investigations.
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  • I came from a family where I have no advantage to call any uncle or aunty for help.
    Life has always been what it is
    I just run my **** alone.strive alone
    I came from a family where I have no advantage to call any uncle or aunty for help. Life has always been what it is I just run my shit alone.strive alone
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  • "Freedom smells like gasoline and matches when you're done negotiating."

    "Freedom smells like gasoline and matches when you're done negotiating."
    0 Commenti 0 condivisioni 20 Views 0 Anteprima
  • "Freedom smells like gasoline and matches when you're done negotiating."

    "Freedom smells like gasoline and matches when you're done negotiating."
    0 Commenti 0 condivisioni 17 Views 0 Anteprima
  • "The most dangerous thing you can become? Unpredictable to their systems."

    "The most dangerous thing you can become? Unpredictable to their systems."
    0 Commenti 0 condivisioni 22 Views 0 Anteprima
  • "The most dangerous thing you can become? Unpredictable to their systems."

    "The most dangerous thing you can become? Unpredictable to their systems."
    0 Commenti 0 condivisioni 22 Views 0 Anteprima
  • Love God with all your heart, might and soul, love your neighbor as yourself but not more than yourself.
    Love God with all your heart, might and soul, love your neighbor as yourself but not more than yourself.
    Like
    1
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  • Good morning fans, today will bring you everlasting joy and happiness.
    Good morning fans, today will bring you everlasting joy and happiness.⭐👌💃👑
    1 Commenti 0 condivisioni 22 Views 0 Anteprima
  • BREAKING NEWS!!!

    SAME SEX MARRIAGE SIGNED INTO LAW.

    In the news today 3/6/2025 same sex Marriage has been signed into law by the Senate.

    After long deliberations that lasted for more than 9 hours between the leaders of NLC, TUC and top Government dignitaries which included the Vice President, Kashim Shetima, the Senate President, the Speaker of the House of Representatives, DGSS, Chief of Army Staff, Chief of Defense Staff, Minister of Labour and Employment, Minister of Power and Housing, Minister of Transportation, Chief of Naval Staff, all the State Governors, the Inspector General of Police and other respected stakeholders, it has been unanimously resolved that today is Tuesday

    Signed:
    Tinubu
    President of Nigeria
    BREAKING NEWS!!! SAME SEX MARRIAGE SIGNED INTO LAW. In the news today 3/6/2025 same sex Marriage has been signed into law by the Senate. After long deliberations that lasted for more than 9 hours between the leaders of NLC, TUC and top Government dignitaries which included the Vice President, Kashim Shetima, the Senate President, the Speaker of the House of Representatives, DGSS, Chief of Army Staff, Chief of Defense Staff, Minister of Labour and Employment, Minister of Power and Housing, Minister of Transportation, Chief of Naval Staff, all the State Governors, the Inspector General of Police and other respected stakeholders, it has been unanimously resolved that today is Tuesday Signed: Tinubu President of Nigeria
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  • I am a spirit. I am a child of the father of spirits. I have a soul. And i live in a body.I see to the adorning of the real me -the hidden man of the heart.
    I am a spirit. I am a child of the father of spirits. I have a soul. And i live in a body.I see to the adorning of the real me -the hidden man of the heart.
    Like
    1
    0 Commenti 2 condivisioni 41 Views 0 Anteprima
  • Being single for a long time can shift your entire perspective. At first, the silence may feel unfamiliar, even lonely—but over time, it becomes sacred. You learn to enjoy your own company, to trust your own rhythms, and to build a life that feels whole without needing someone else to complete it. The peace that comes from not compromising yourself, not constantly explaining your heart, becomes something you fiercely protect.
    And maybe that’s why the idea of loving again feels more like a threat than a promise. It’s not about bitterness or fear—it’s about finally understanding the value of your own space, your own calm. You've tasted the kind of stillness that doesn’t depend on anyone, and it's made you question whether chaos, even in the name of love, is worth disturbing that. Maybe, just maybe, being only you is not just enough—it’s everything.
    Being single for a long time can shift your entire perspective. At first, the silence may feel unfamiliar, even lonely—but over time, it becomes sacred. You learn to enjoy your own company, to trust your own rhythms, and to build a life that feels whole without needing someone else to complete it. The peace that comes from not compromising yourself, not constantly explaining your heart, becomes something you fiercely protect. And maybe that’s why the idea of loving again feels more like a threat than a promise. It’s not about bitterness or fear—it’s about finally understanding the value of your own space, your own calm. You've tasted the kind of stillness that doesn’t depend on anyone, and it's made you question whether chaos, even in the name of love, is worth disturbing that. Maybe, just maybe, being only you is not just enough—it’s everything.
    0 Commenti 2 condivisioni 52 Views 0 Anteprima
  • MAN OF THE HEART.Whose adorning let it not be that outward adorning of plaiting the hair,and wearing of gold, or of putting on of apparel:But let it be the HIDDEN THE MAN OF THE HEART,in that which is not corruptible,even the ornament of a meek and quiet SPIRIT, which is in the sight of God of great price.
    MAN OF THE HEART.Whose adorning let it not be that outward adorning of plaiting the hair,and wearing of gold, or of putting on of apparel:But let it be the HIDDEN THE MAN OF THE HEART,in that which is not corruptible,even the ornament of a meek and quiet SPIRIT, which is in the sight of God of great price.
    0 Commenti 2 condivisioni 53 Views 0 Anteprima
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